The short- and long-run efficiency of energy,precious metals,and base metals markets: Evidence from the exponential smooth transition autoregressive models

The aim of this paper is to investigate the long and short-run relationship between spot and futures prices of the energy, precious metals, and base metals markets. We analyze daily data from January 1985 to February 2019. The empirical findings based on the cointegration test, which follows a nonlinear process, suggest that the spot prices of energy and metals assets have long-run relationships with their futures prices. Nonparametric Granger causality test results also indicate bi-directional causality among futures and spot prices. These findings indicate that the energy and metals markets are informationally efficient in the sense of Fama (1970).     

Enabling supercapacitors to compete for ancillary services: An important step towards 100 % renewable energy

While wind and solar generation has increased dramatically over the past decade, there has been a much larger increase in gas generation (eia, 2019). This is driven in part by low gas prices but also in part by how electricity markets are organized. The intermittent nature of wind and solar generation increases the need for more flexible and reliable generation; a role gas plants fill well. However, current market structures and rules unfairly tip the balance in their favor compared to energy storage systems. They have created market barriers restrictive enough to prevent market participation of a technology key to a 100 % renewable grid: supercapacitors. Adjusting markets to remove the market barriers to supercapacitor and other energy storage systems will allow for increased renewable penetration while simultaneously improving grid performance and reducing costs.     

终端对业务和运营商的影响

详细分析了终端对话音业务和新业务的影响。在分析终端对话音业务的影响时从用户和终端两方面进行了阐述，指明为了进一步提高用户敷和砖络的使用率，运营商在进行话音营销对应逐渐将工作重点适当转向农村市场。也从对个人和行业用户的影响两方面阐明了终端对新业务的影响。     

新产品研发是建陶企业可持续发展的核心

新世纪我国建陶企业在整个国民经济的带动下将进一步发展，入世后经济全球化的市场竞争格局，建陶企业只有走新产口研发之路，严格企业管理，才会在日趋激烈的市场竞争中得以生存和可持续发展。     

台北101层国际金融中心之结构施工技术与其设计考量概述

本文旨在简要说明目前正在施工中之超高层大楼—台北国际金融中心之结构系统、钢结构工程、钢筋混凝土工程基础与深开挖工程等特殊施工技术,并佐以相关之设计考量与施工规划概要,以供工程界做参考。     

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当今世界各国执行的商品天然气定价原则主要包括完全成本原则、平均利润原则、长期边际成本定价原则、比价合理原则和供求平衡原则等。文章分析了我国天然气价格的演变历史及现状，说明了现行价格形成的制度原因。研究了天然气商品从生产到运输再到销售各环节的价格确定方法，以此为基础给出了一个即考虑天然气商品价值又考虑竞争和政府管制因素的天然气商品的定价公式。文章最后指出，在真正的、完全竞争的天然气市场建立之前，商品天然气的价格主要应按完全成本原则进行确定。     

城市形象的建筑环境美学设计问题

城市形象是创造富于个性化城市的关键,而建筑环境美学设计水准则是体现城市形象的要素之一。据此,作者从分析中国城市形象的美学误区出发,研究了不同城市建筑品位的形成特点,进而提出塑造好宜人城市美学空间的科学思考。     

竞争条件下政府干预经济探析

分析了竞争条件下政府干预经济的原因,阐述了政府干预经济的作用,进而指出了政府干预经济存在的一些失误,提出政府干预经济应注意的问题,从而形成一个平等、高效的市场经济局面。     

Balancing User Priorities for Sustainability versus Security

In these times of global change, many facility emphases are competing for limited resources. Competing factors include, but are not limited to, sustainable design or green buildings; security, hardening or force protection; accessibility; historic preservation; aesthetics; and functionality. Yet, unlimited resources are seldom, if ever, available to fulfill all of these competing requirements in private or public construction. The Georgia Institute of Technology designed a decision matrix to allow owners and planners to balance these competing requirements on a project-by-project basis and to document the rationale.